Shares of Freehold Royalties Ltd. (OTCMKTS:FRHLF – Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $10.52 and traded as low as $10.18. Freehold Royalties shares last traded at $10.24, with a volume of 15,427 shares traded.
Freehold Royalties Trading Down 0.4 %
The business’s fifty day moving average is $10.52 and its 200 day moving average is $10.42.
Freehold Royalties Cuts Dividend
The business also recently announced a dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be issued a dividend of $0.0651 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a yield of 7.58%. Freehold Royalties’s payout ratio is presently 181.76%.
Freehold Royalties Company Profile
Freehold Royalties Ltd. engages in the acquiring and managing royalty interests in the crude oil, natural gas, natural gas liquids, and potash properties in Western Canada and the United States. Freehold Royalties Ltd. was founded in 1996 and is headquartered in Calgary, Canada.
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